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Follow on Google News | Data Analytics Outsourcing Market is gaining huge growth in upcoming years: Credence ResearchThe global data analytics outsourcing market is expected to generate revenue of US$ 25.56 billion by 2027, increasing to CAGR 21.84 per cent during the forecast period from 2019 to 2027.
By: Credence Research Health care is estimated to be the fastest growing segment in the forecast period on the basis of industry verticals served. Proliferation of electronic medical records (EMRs) and digitization of healthcare practices contribute to tons of analytical data generated on a daily basis. According to the Healthcare Information and Management Systems Society (HIMSS), more than 95 per cent of hospitals and approximately 90 per cent of office-based physicians have adopted an electronic medical record system. Outsourcing health data analysis helps to obtain better market insights, improved clinical decision-making, and better patient care and risk management. In addition to these, increased operational efficiency, improved medical inventory management and optimized drug pricing, among others, are key benefits of outsourcing health data analytics services. Get sample copy of report here: https://www.credenceresearch.com/ North America also led the data analytics outsourcing market on the basis of geography in 2018. Increasing adoption of advanced digital technologies, along with large companies supporting initial investment, has significantly increased market growth. For example, according to the International Data Corporation (IDC), the United States will be the global leader in IoT spending with an investment of US$ 194 billion in 2019. Report originally published at Credence Research: https://www.credenceresearch.com/ End
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